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Cloud analytics has evolved from the diffusion of data analytics and cloud computing technologies. Cloud analytics is used in large, medium as well as small enterprises. Recently cloud analytics market has observed a significant growth. Cloud analytics solutions can be delivered through four delivery models, public cloud, private cloud, hybrid cloud, and community cloud.

One of the major driving factors for cloud analytics market is the exponential growth of unstructured and structured data. Businesses use cloud analytics solutions to deal with such huge amount of data and drawing inference out of them. However, global economic slowdown will act as a restraining force the growth of this market.

North America is the market leader and is expected to witness highest growth over the next five years. The growth is attributed to the high degree of industrialization and growing use of software solutions in business activities. Asia-Pacific, with its rapidly growing industrial sectors and flourishing economy is a promising market and is expected to show the substantial growth in this market.

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.